Taxes less subsidies on products (current LCU), annual growth rate in Aruba
Aruba: Taxes less subsidies on products (current LCU), annual growth rate was 28.94 % change on previous year in 2023. ◆ Volatile
Taxes less subsidies on products (current LCU), annual growth rate in Aruba, 1996–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, taxes less subsidies on products (current lcu), annual growth rate in Aruba stood at 28.94 % change on previous year.
That represents a change of up 27.2% on the previous year and up 425.4% over ten years.
Over the whole period, taxes less subsidies on products (current lcu), annual growth rate in Aruba peaked at 32.06 % change on previous year in 2007 and was at its lowest, -28.04 % change on previous year, in 2020.
That places Aruba 20th out of 197 countries with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current LCU), annual growth rate in Aruba, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1996 | 5.88 % change on previous year | — |
| 1997 | 3.59 % change on previous year | -38.8% |
| 1998 | 4.19 % change on previous year | +16.6% |
| 1999 | 8.27 % change on previous year | +97.4% |
| 2000 | 0.2208 % change on previous year | -97.3% |
| 2001 | -0.2242 % change on previous year | -201.5% |
| 2002 | 0.1821 % change on previous year | -181.2% |
| 2003 | 8.66 % change on previous year | +4655.2% |
| 2004 | 13.88 % change on previous year | +60.3% |
| 2005 | 7.5 % change on previous year | -46.0% |
| 2006 | 10.25 % change on previous year | +36.6% |
| 2007 | 32.06 % change on previous year | +212.9% |
| 2008 | 8.18 % change on previous year | -74.5% |
| 2009 | -5.77 % change on previous year | -170.5% |
| 2010 | -14.95 % change on previous year | +159.2% |
| 2011 | 10.78 % change on previous year | -172.1% |
| 2012 | 0.8293 % change on previous year | -92.3% |
| 2013 | -8.89 % change on previous year | -1172.6% |
| 2014 | 1.24 % change on previous year | -113.9% |
| 2015 | -0.6794 % change on previous year | -154.8% |
| 2016 | 2.59 % change on previous year | -480.5% |
| 2017 | 4.34 % change on previous year | +67.7% |
| 2018 | 9.61 % change on previous year | +121.5% |
| 2019 | 19.88 % change on previous year | +106.9% |
| 2020 | -28.04 % change on previous year | -241.1% |
| 2021 | 20.99 % change on previous year | -174.9% |
| 2022 | 22.75 % change on previous year | +8.4% |
| 2023 | 28.94 % change on previous year | +27.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.48 % change on previous year | 3.59 % change on previous year | 8.27 % change on previous year | 4 |
| 2000s | 7.49 % change on previous year | -5.77 % change on previous year | 32.06 % change on previous year | 10 |
| 2010s | 2.47 % change on previous year | -14.95 % change on previous year | 19.88 % change on previous year | 10 |
| 2020s | 11.16 % change on previous year | -28.04 % change on previous year | 28.94 % change on previous year | 4 |
Countries ranked near Aruba
- 17 Uzbekistan 34.9 % change on previous year compare
- 18 Malawi 33.73 % change on previous year compare
- 19 Guyana 31.41 % change on previous year compare
- 21 Trinidad and Tobago 27.74 % change on previous year compare
- 22 Haiti 27.47 % change on previous year compare
- 23 Rwanda 26.44 % change on previous year compare
More economy & growth data for Aruba
- Manufacturing, value added (current LCU), per unit of GDP 0.0422 current LCU per US$ of GDP (2023)
- Agriculture, forestry, and fishing, value added (constant LCU), per 0.0005 constant LCU per US$ of GDP (2023)
- Agriculture, forestry, and fishing, value added (constant LCU), per 19.07 constant LCU per person (2023)
- Imports of goods and services (current US$), per capita 30,166 current US$ per person (2024)
- Manufacturing, value added (current US$), per unit of GDP 0.0236 current US$ per US$ of GDP (2023)
- Manufacturing, value added (current US$), per capita 822.06 current US$ per person (2023)
- Imports of goods and services (current US$), per unit of GDP 0.7817 current US$ per US$ of GDP (2024)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.033 constant 2015 US$ per US$ of GDP (2023)
- Gross capital formation (current LCU), per capita 17,784 current LCU per person (2024)
- Manufacturing, value added (constant 2015 US$), per capita 1,152 constant 2015 US$ per person (2023)
Frequently asked questions
- What is taxes less subsidies on products (current lcu), annual growth rate in Aruba?
- Taxes less subsidies on products (current lcu), annual growth rate in Aruba was 28.94 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current lcu), annual growth rate recorded in Aruba?
- The highest recorded value was 32.06 % change on previous year in 2007.
- What is the lowest taxes less subsidies on products (current lcu), annual growth rate recorded in Aruba?
- The lowest recorded value was -28.04 % change on previous year in 2020.
- How does Aruba rank for taxes less subsidies on products (current lcu), annual growth rate?
- Aruba ranks 20th out of 197 countries with data for 2023.
- Is taxes less subsidies on products (current lcu), annual growth rate rising or falling in Aruba?
- Over the last ten years it is up 425.4%. The long-run trend across the full record is volatile.
- Where does this Aruba data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Taxes less subsidies on products (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Taxes less subsidies on products (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.